MeitY is in discussions with global Fortune 500 and Fortune 1000 companies, mid-tier firms, and state government officials on a three-pronged approach to setting up new GCCs in India.
'Due to tariff uncertainty, automotive customers reduced their steel uplift by almost 15 per cent.'
'Raising the entire amount in one go may not be prudent, given the market dynamics.'
The Maharashtra legislature has passed a special bill, the Maharashtra Special Public Security Bill, 2024, to curb activities of Left-wing extremist organizations, introducing strict measures and penalties for individuals and organizations involved in unlawful activities.
The Supreme Court of India has reprimanded the Tamil Nadu Pollution Control Board (TNPCB) for delaying legal action against Isha Foundation, a yoga and meditation center founded by Sadhguru Jaggi Vasudev, over alleged environmental violations. The court criticized the TNPCB for taking two years to challenge a Madras High Court ruling that quashed a showcause notice against the foundation. The court also emphasized the importance of environmental compliance for the yoga center, noting that it must meet all necessary parameters. The case highlights ongoing legal challenges and environmental concerns related to the Isha Foundation's activities.
'We have created massive infrastructure in the past six years.'
'I look forward to contributing to the next phase of cricket's evolution, expanding its global footprint, enhancing the fan experience, and working closely with ICC Member Boards to build on our strong foundations.'
The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.
In a major relief to Byju's, the NCLAT on Friday set aside insolvency proceedings against the troubled edtech major over a sponsorship deal and approved a Rs 158 crore settlement with the Board of Control for Cricket in India. The National Company Law Appellate Tribunal (NCLAT), however, passed the order with a caveat that any failure to make payments on the specific dates mentioned in the undertaking would automatically lead to a revival of the insolvency proceedings against Byju's.
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
The National Stock Exchange (NSE) has offered to pay Rs 1,388 crore to the Securities and Exchange Board of India (Sebi) to settle the colocation and dark fibre cases, potentially clearing the way for its much-awaited initial public offering (IPO). This is the biggest-ever settlement plea made with the markets regulator.
The Supreme Court has directed the Election Commission of India (ECI) to publish details of deleted names from the voters list in Bihar, along with reasons for non-inclusion, to enhance transparency in the special intensive revision (SIR) of the electoral roll.
The Securities and Exchange Board of India (Sebi) on Wednesday announced a slew of measures to ease the compliance burden in the stock markets ecosystem, encourage more companies to list on the bourses after reverse flipping to India, and facilitate greater foreign fund flows into government bonds.
The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
Implementation of sports bill in 6 months, regulation of participation standard safeguard: Mandaviya
The Maharashtra government has officially declared the Sarvajanik Ganeshotsav as the 'State Festival of Maharashtra', emphasizing its commitment to preserving and promoting the festival's cultural legacy. The government has also addressed issues related to POP idols and pledged financial support for celebrations.
'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'
In multilateral contests, it would go by the Olympic Charter, which prohibits any discrimination based on political issues, which is why the government has stated that it would not stop Pakistan from coming to India for international events.
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
'India did not surrender. That was why he wanted to pressurise India by this 25% tariffs.'
Experts say the robust filing suggests the second half of the year will see large-scale issuances, provided the markets remain supportive.
As much as 60 per cent of all resolution plans under Insolvency and Bankruptcy Code (IBC) were approved in the last three years alone, with over 30,000 cases having an underlying default of Rs 13.8 trillion getting settled even before admission, according to data till December 2024 released by the Insolvency and Bankruptcy Board of India (IBBI).
As fintech major Pine Labs gears up for its initial public offering (IPO), its Draft Red Herring Prospectus has highlighted its top executives' pay and stock options, including those of Chief Executive Officer (CEO) Amrish Rau. Rau's net worth is estimated at Rs 850 crore-1,000 crore following the IPO.
One hundred years ago, a group of 10 revolutionaries carried out an operation that shook the British Empire. Utkarsh Mishra revisits the 'Kakori Conspiracy Case', a turning point in the armed struggle for independence.
Jio BlackRock Asset Management Pvt Ltd, a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and US-based BlackRock, has received regulatory approval from the capital market regulator Sebi to commence operations as an investment manager for its mutual fund business. The Securities and Exchange Board of India (Sebi), vide letter dated May 26, 2025, has granted the certificate of registration to 'Jio BlackRock Mutual Fund' and approval to Jio BlackRock Asset Management Private Limited to act as the Asset Management Company for Jio BlackRock Mutual Fund, JFSL said in a regulatory filing.
India's second largest IT company Infosys' board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh. These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore.
Manas Sood, a Class 12 student from the Delhi Public School, has distributed 2,650 boxes of Tax City Education and empowered over 12,000 students from 52 schools across India. His aim? To help young Indians understand taxes and become financially literate.
The Supreme Court's ruling in the BPSL case exposes deep flaws in the IBC's institutional framework and raises concern about judicial overreach, notes Rajeswari Sengupta.
A bench of Justices Prashant Kumar Mishra and Augustine George Masih, which initially questioned the over two-month window sought by the NBE for holding the examination, said the board's plea appeared to be "bonafide".
The development comes a day after a government resolution (GR) was issued, in which the state administration ordered disbursal of Rs 10 crore funds for strengthening the state Waqf Board.
A veterans' cricket match involving India and Pakistan in the World Championship of Legends in London on Sunday has been cancelled after Indian players, including Shikhar Dhawan, refused to be a part of it citing the Pahalgam terror attack in April.
Auto major Maruti Suzuki India on Friday said its consolidated net profit declined by 1 per cent year-on-year to Rs 3,911 crore in the fourth quarter ended March 31, 2025, on account of higher expenses. The country's largest carmaker reported a net profit of Rs 3,952 crore in the January-March quarter of FY24.
Drug major Cipla on Tuesday said its consolidated net profit increased 30 per cent to Rs 1,222 crore in the fourth quarter ended March 31, 2025. The Mumbai-based drug firm had reported a consolidated net profit of Rs 939 crore for the January-March period a year ago.
The DGCA has issued multiple fines and warnings to Air India over the past three years, flagging serious concerns in flight operations, cockpit discipline, and internal accountability.
Over 60 companies are ready to launch IPOs in the coming months.
Your AMC shuts shop. Panic? Wait. What happens next isn't what most fear.
Tata Consultancy Services (TCS) on Wednesday reported a 12.2 per cent rise in its consolidated net profit to Rs 9,769 crore for the December 2021 quarter, and announced Rs 18,000-crore buyback offer for its shareholders at Rs 4,500 per scrip. The country's largest software services firm had logged a net profit of Rs 8,701 crore in the year-ago period. Revenue of the Mumbai-based firm grew 16.3 per cent in the quarter under review to Rs 48,885 crore from Rs 42,015 crore in the corresponding period last fiscal, TCS said in a regulatory filing.
State-owned insurer Life Insurance Corporation of India (LIC) on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. The country's biggest insurer had earned a profit of Rs 13,763 crore in the corresponding quarter a year earlier.
In a move that could have implications for market share dynamics, the Securities and Exchange Board of India (Sebi) has permitted the National Stock Exchange (NSE) and the BSE to alter the days for settlement of equity derivatives contracts.
PSL postponed on advice PM Sharif: PCB
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